Summary
- • The global pest control market size was valued at USD 22.7 billion in 2021
- • The pest control market is expected to grow at a CAGR of 5.2% from 2022 to 2030
- • North America dominated the pest control market with a share of 39.4% in 2021
- • The commercial segment accounted for the largest revenue share of 44.3% in 2021
- • Insects segment dominated the pest control market with a share of 44.3% in 2021
- • Chemical methods accounted for the largest revenue share of 44.1% in 2021
- • The U.S. pest control market size was valued at USD 8.5 billion in 2021
- • The U.S. pest control industry employs about 169,000 people
- • There are approximately 27,000 pest control businesses in the United States
- • Terminix, a leading pest control company, reported revenue of $2.05 billion in 2020
- • Rollins, Inc. (Orkin) reported revenues of $2.16 billion in 2020
- • The global rodenticide market is projected to reach $7.1 billion by 2026
- • Bed bug treatments account for about 8% of pest control revenue in the U.S.
- • The global mosquito control market is expected to reach $5.5 billion by 2027
- • Ants are the most common pest problem in the United States, accounting for 33% of pest infestations
With an industry worth more than a few pesky critters lurking around the corner, the Pest Control sector is buzzing louder than a swarm of bees! From combating creepy crawlies to tackling troublesome rodents, the global market for pest control services is showing no sign of slowing down. With statistics like a market value of USD 22.7 billion and predictions of growth at a CAGR of 5.2%, its clear that pests may have met their match in this bustling industry. Join us as we delve into the fascinating world of pest control, where the battle for bug supremacy is more lucrative than you might think!
Company Performance
- Terminix, a leading pest control company, reported revenue of $2.05 billion in 2020
- Rollins, Inc. (Orkin) reported revenues of $2.16 billion in 2020
Interpretation
In a world where creepy crawlies and unwanted house guests reign supreme, the battle for bug supremacy proves to be a lucrative one for the top players in the pest control industry. With Terminix and Rollins, Inc. (Orkin) collectively raking in over $4 billion in revenue in 2020, it seems that when it comes to pests, there's no shortage of people willing to pay top dollar for peace of mind—and a bug-free home. So, the next time you spot a pesky critter scurrying across your kitchen floor, just remember, there's big money in keeping those unwanted guests at bay.
Control Methods
- Chemical methods accounted for the largest revenue share of 44.1% in 2021
- The global biopesticides market is projected to reach $8.5 billion by 2025
- About 84% of pest control companies offer green pest management services
- The global fumigation service market is expected to reach $1.2 billion by 2026
- The global insecticides market is expected to reach $23 billion by 2027
- About 30% of pest control companies in the U.S. offer mosquito control services
- About 68% of pest control companies in the U.S. offer bed bug control services
- About 55% of pest control companies in the U.S. offer termite control services
- The global fumigants market is projected to reach $1.7 billion by 2025
- The global biological pest control market is expected to reach $2.7 billion by 2026
- About 40% of pest control companies in the U.S. offer wildlife control services
- The global termite bait products market is projected to reach $1.5 billion by 2025
- The global pest control drone market is expected to reach $1.5 billion by 2028
- The global rat and mouse poison market is projected to reach $1.8 billion by 2027
- The global insect growth regulators market is expected to reach $1.3 billion by 2025
- The global mosquito control services market is projected to reach $5.1 billion by 2025
- The global bed bug control services market is expected to reach $1.1 billion by 2027
- About 45% of pest control companies in the U.S. offer bird control services
- The global rodenticides market is projected to reach $1.8 billion by 2025
- The global termite control services market is expected to reach $3.6 billion by 2027
- About 50% of pest control companies in the U.S. offer general pest control services
- The global mosquito repellent wristband market is projected to reach $436 million by 2026
- The global ant control market is expected to reach $1.2 billion by 2025
- About 30% of pest control companies in the U.S. offer fumigation services
- The global mosquito repellent candles market is projected to reach $748 million by 2026
- The global electronic pest control devices market is expected to reach $1.5 billion by 2025
- About 25% of pest control companies in the U.S. offer organic pest control services
- The global mosquito control products market is projected to reach $4.8 billion by 2025
Interpretation
In the buzzing world of pest control, where the creepy crawlies reign supreme, it appears that chemical methods are still holding the crown with a booming revenue share in 2021. However, a green revolution seems to be on the horizon, with an impressive 84% of pest control companies offering eco-friendly pest management services. As we navigate through the looming figures of markets projected to reach staggering billions, one thing's for sure - whether it's battling bed bugs, wrangling rodents, or deterring mosquitoes, the pest control industry is evolving, adapting, and ultimately, squashing pests with a blend of traditional and innovative methods. So, as we raise a toast to the mighty mosquito repellent wristbands and organic pest control services, let's keep our eyes on the prize: a future where pests are controlled, and puns are aplenty.
Industry Employment
- The U.S. pest control industry employs about 169,000 people
Interpretation
The U.S. pest control industry certainly doesn't have a shortage of employees on its payroll, with approximately 169,000 people dedicated to keeping our homes critter-free. That's a sizable army of ant warriors and mouse tamers ready to defend our domains against the tiny invaders. One might even say that in the battle of man versus pest, the scales are tipped in favor of the humans... for now.
Industry Structure
- There are approximately 27,000 pest control businesses in the United States
- About 15% of pest control companies in the U.S. offer pest control franchising opportunities
Interpretation
The pest control industry in the United States is certainly buzzing with activity, as evidenced by the staggering number of 27,000 businesses dedicated to keeping pesky critters at bay. With about 15% of these companies opening their doors to franchising opportunities, it seems like there's a pest control solution for every nook and cranny across the nation. After all, when it comes to battling bugs and rodents, there's no room for half measures - leave it to the professionals to make sure your home stays critter-free!
Industry Technology
- The global pest control software market is expected to reach $708 million by 2027
Interpretation
Looks like the pest control industry is set to spray its way to success, with a projected market value of $708 million by 2027. It seems like those critters and creepy crawlers are not standing a chance against the power of technology and innovation. So, whether it's ants, termites, or even stubborn software bugs, the world of pest control is certainly buzzing with excitement and growth. Keep those insecticides handy, folks, because it looks like the industry is on an upward trajectory that even the most resilient pests will struggle to resist.
Market Segments
- The commercial segment accounted for the largest revenue share of 44.3% in 2021
- About 20% of U.S. households use professional pest control services annually
- Residential pest control accounts for approximately 40% of the total pest control market
- Approximately 29% of U.S. homeowners have used DIY pest control products in the past year
- About 60% of pest control companies in the U.S. offer commercial pest control services
- Approximately 25% of U.S. homeowners have used professional pest control services in the past two years
- About 35% of pest control companies in the U.S. offer lawn care services
- Approximately 22% of U.S. homeowners have used professional pest control services for outdoor pests in the past year
Interpretation
In the ongoing battle against unwanted intruders, the Pest Control Industry stands as a bastion of defense for both commercial and residential spaces. As the scales tip towards the commercial segment, accounting for nearly half of the revenue share in 2021, it's clear that businesses are not taking any chances with unwanted guests. Meanwhile, a significant 20% of U.S. households call upon professional pest control services annually, signaling a united front in the fight against creepy crawlies. With DIY solutions making a respectable showing and a not-so-sneaky 29% of homeowners taking matters into their own hands, it's evident that some seek to be the masters of their pest domain. But fear not, as a formidable 60% of pest control companies are on hand to offer their commercial services, ensuring no critter is left unturned. So, whether you're facing indoor infestations or outdoor invaders, remember that in the realm of pest control, it's a jungle out there, but professionals are always ready to lend a helping hand - or spray.
Market Size and Growth
- The global pest control market size was valued at USD 22.7 billion in 2021
- The pest control market is expected to grow at a CAGR of 5.2% from 2022 to 2030
- The U.S. pest control market size was valued at USD 8.5 billion in 2021
- The global rodenticide market is projected to reach $7.1 billion by 2026
- The global mosquito control market is expected to reach $5.5 billion by 2027
- The global termite control market is projected to reach $4.7 billion by 2027
- The global rodent control market is expected to grow at a CAGR of 5.2% from 2021 to 2028
- The global bird control market is projected to reach $314 million by 2025
- The global pest control services market is expected to reach $28.1 billion by 2027
- The global agricultural pesticides market is projected to reach $130.7 billion by 2023
- The global mosquito repellent market is expected to reach $6.5 billion by 2025
Interpretation
The pest control industry seems to be thriving as much as the insects and rodents they aim to eliminate. With market sizes reaching billions and projections soaring sky-high, it appears that pests have found a way to infiltrate not just our homes, but our wallets as well. From rodenticides to mosquito repellents, it seems that there is no pest too small to escape the grasp of this lucrative market. Perhaps as humans continue to encroach upon nature, the pests are simply fighting back in the only way they know how - by leaving a dent in our economy.
Pest Types
- Insects segment dominated the pest control market with a share of 44.3% in 2021
- Bed bug treatments account for about 8% of pest control revenue in the U.S.
- Ants are the most common pest problem in the United States, accounting for 33% of pest infestations
- Cockroach control accounts for approximately 18% of pest control revenue in the U.S.
- Approximately 14% of U.S. homes have had a rodent problem in the past year
- Approximately 20% of U.S. households reported seeing a rodent in their home in the past year
- Approximately 15% of U.S. homes have had a problem with ants in the past year
- Approximately 18% of U.S. homes have had a problem with spiders in the past year
- Approximately 10% of U.S. homes have had a problem with cockroaches in the past year
- Approximately 12% of U.S. homes have had a problem with bed bugs in the past year
- Approximately 8% of U.S. homes have had a problem with termites in the past year
Interpretation
In a world where statistical pest battles wage on, it seems the insects are leading the charge with a dominating 44.3% share of the pest control market - a buzzworthy feat indeed. With bed bugs nibbling away at about 8% of pest control revenue in the U.S., it's clear they refuse to be brushed aside. Meanwhile, ants march proudly as the most common pest problem in the nation, claiming 33% of pest infestations. Cockroaches scuttle in to claim their own chunk of the revenue pie at approximately 18%, proving they are not to be underestimated. As rodents scurry into the spotlight, infiltrating about 14% of U.S. homes, it's evident that the battle against unwanted houseguests is not for the faint-hearted. So beware, dear homeowners, for in a twist of fate, you may find yourself outnumbered by creepy crawlers and uninvited critters in this never-ending saga of pest control warfare.
Regional Analysis
- North America dominated the pest control market with a share of 39.4% in 2021
Interpretation
In the cutthroat world of pest control, North America reigns supreme with a mighty grip on nearly 40% of the market in 2021. Like a fearless exterminator wielding his trusty spray nozzle, the continent crushes the competition with its strategic maneuvers and insect-slaying prowess. With the battle for supremacy raging on, one thing is clear: when it comes to eliminating pests, North America is not one to be trifled with.